Bluestein Scott 4

What Happened
Scott Bluestein, CEO of Hercules Capital (HTGC), had a total of 20,393 shares of common stock withheld to cover taxes related to the vesting of restricted stock on April 9, 2026. The withholding occurred in two lots: 10,652 shares at $14.74 each ($157,010) and 9,741 shares at $14.74 each ($143,582), for a combined value of $300,592. This was a tax-withholding disposition (routine) rather than an open-market sale.

Key Details

• Transaction date: April 9, 2026. Report filed April 13, 2026.
• Price per share: $14.74. Shares withheld: 10,652 and 9,741 (total 20,393). Total value: $300,592.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: F1 — shares were withheld to pay taxes on vesting of restricted stock on April 9, 2026.
• Transaction type code: F (tax withholding). No late-filing flag was provided in the supplied data.

Context
Withholding shares to cover taxes is a common, administrative action when restricted stock vests and does not necessarily reflect the insider’s view on the stock. It reduces the insider’s outstanding shares but is not an open-market sale that adds supply to trading.